Add to ORKGMost recent cross-country studies on election-motivated fiscal policy assume that the data can be pooled. As various tests suggest that our data for some 70 democratic countries for the period 1970–2007 cannot be pooled, we use the Pooled Mean Group (PMG) estimator to test whether Political Budget Cycles (PBCs) exist in our sample. We find that fiscal policy is only affected by upcoming elections in the short run. Our results suggest that the occurrence of a PBC is conditional on the level of development and democracy, government transparency, the country’s political system, its membership of a monetary union and its degree of political polarizatio
We investigate the effects of fiscal transparency and political polarization on the prevalence of el...
The purpose of this paper is to study the impact of transparency on the political budget cycle (PBC)...
We test for political budget cycles in a panel of eighteen Latin American democracies from 1973 to 2...
Most recent cross-country studies on election-motivated fiscal policy assume that the data can be po...
This paper addresses two empirical questions. Is fiscal policy affected by upcoming elections? If so...
A political budget cycle is a periodic fluctua-tion in a government’s fiscal policies, which is indu...
This paper examines the effects of elections on the conduct of central governments' fiscal policies....
This article examines whether there is a political budget cycle (PBC) in countries in the euro area....
We use real‐time annual data on the fiscal balance, government current spending, current revenues an...
Until recently, most research on political budget cycles was based on the (often implicit) presumpti...
We investigate the effects of fiscal transparency and political polarization on the prevalence of el...
Until recently, most research on political budget cycles was based on the (often implicit) presumpti...
This paper examines whether there is a political budget cycle (PBC) in countries in the euro area. U...
Casual observation of fiscal aggregates in developed economies detects current expenditure rising fa...
Several recent studies find evidence of electoral deficit cycles in a wide cross-section of countrie...
We investigate the effects of fiscal transparency and political polarization on the prevalence of el...
The purpose of this paper is to study the impact of transparency on the political budget cycle (PBC)...
We test for political budget cycles in a panel of eighteen Latin American democracies from 1973 to 2...
Most recent cross-country studies on election-motivated fiscal policy assume that the data can be po...
This paper addresses two empirical questions. Is fiscal policy affected by upcoming elections? If so...
A political budget cycle is a periodic fluctua-tion in a government’s fiscal policies, which is indu...
This paper examines the effects of elections on the conduct of central governments' fiscal policies....
This article examines whether there is a political budget cycle (PBC) in countries in the euro area....
We use real‐time annual data on the fiscal balance, government current spending, current revenues an...
Until recently, most research on political budget cycles was based on the (often implicit) presumpti...
We investigate the effects of fiscal transparency and political polarization on the prevalence of el...
Until recently, most research on political budget cycles was based on the (often implicit) presumpti...
This paper examines whether there is a political budget cycle (PBC) in countries in the euro area. U...
Casual observation of fiscal aggregates in developed economies detects current expenditure rising fa...
Several recent studies find evidence of electoral deficit cycles in a wide cross-section of countrie...
We investigate the effects of fiscal transparency and political polarization on the prevalence of el...
The purpose of this paper is to study the impact of transparency on the political budget cycle (PBC)...
We test for political budget cycles in a panel of eighteen Latin American democracies from 1973 to 2...